Digital payment firm Xendit has signed up new partners in the Philippines in a bid to expand its operations in the country after raising $150 million Series C funding that elevated the company to a short-list of Southeast Asia unicorns.
As a sign of growing digitalization of financial services in the Philippines, 88% are receptive to a semi-digital payments solution that would allow them to initially confirm the transaction online and then subsequently fulfil the transaction at a physical location.
